P/E ratio for New Fortress Energy (NFE)

P/E ratio history for New Fortress Energy from 2019 to 2026

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
NiSource NI	26.2	-194,005.18%	🇺🇸 USA
New Jersey Resources NJR	14.3	-106,003.78%	🇺🇸 USA
NW Natural Holdings NWN	16.3	-120,816.92%	🇺🇸 USA
National Fuel Gas NFG	11.2	-82,680.40%	🇺🇸 USA

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.